Milbon Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock for Directors and Executive Officers
Resolved to dispose of 32,274 shares of restricted treasury stock totaling 89,689,446 yen to 6 directors and 7 executive officers on May 8, 2026.
Key Figures
- Number of shares disposed: 32,274 shares
- Total disposal amount: 89,689,446 yen
- Disposal price (per share): 2,779 yen
AI要約
Overview of Capital Policy
Milbon Co., Ltd. resolved on May 8, 2026, to dispose of 32,274 shares of treasury stock as restricted stock (totaling 89,689,446 yen), allocating 19,896 shares to 6 directors and 12,378 shares to 7 executive officers. The disposal price was calculated based on the closing price of 2,779 yen on April 9, 2026. During the restriction period, transfers and pledges of the shares are restricted. The release of the transfer restrictions will be conducted upon fulfillment of certain conditions such as continued employment.
Impact and Purpose for Shareholders
This disposal is based on a restricted stock compensation system designed to sustainably enhance corporate value and shareholder value over the medium to long term, aiming to provide incentives to directors and executive officers and align their interests with shareholders. The disposed shares are from existing treasury stock, so there is no dilution caused by new share issuance. Management during the restriction period will be handled through a dedicated account at Daiwa Securities, and conditions for release of transfer restrictions in cases such as corporate reorganizations are also established.
